Latest news and stories about sanctions in Portugal for expats and residents.
European Union ambassadors agreed to extend the current price cap on Russian oil until July 23. The measure prevents a potential price surge for crude oil while the bloc continues negotiations on its 21st package of sanctions against Moscow.
The Trump administration has temporarily lifted sanctions on Russian oil for one month, a move analyzed by experts regarding its limited impact on global market shortages and the potential European reaction.
Envoys will reconvene next week in a bid to prevent the price cap on Russian crude from ratcheting higher at the end of July.
The 27 member states are in a race against time to finalise the 21st package of sanctions against Russia by Wednesday. Several measures have already been dropped, including the ban on fish imports. The deadlock over pressuring Israel continues: Rangel says the Commission's proposals are already late
Weekend negotiations did not produce the necessary consensus, but “there is a very open spirit” to resolve the remaining disputes, the minister assured.
When asked if Portugal agrees with the ban on the entry of former Russian combatants into European territory, Rangel replied: “As far as Portugal is concerned, the sanctions package would have been approved today.”
The European Union is expected to approve new sanctions today on 250 Russian individuals and entities, indicated the bloc's foreign policy chief, Kaja Kallas, but a consensus has not yet been reached on the 21st package of restrictive measures against Moscow.
“We hope to reach an agreement on a list [of sanctions] for 250 individuals and entities,” stated Kaja Kallas.
Operations to stop the oil tankers helping Moscow evade sanctions are increasing in intensity. Russia is militarising its ships, risking an escalation in tension.
The company is accused of receiving “illicit funds generated in the United States and laundering those funds for the PCC in Brazil.”
In the event that Washington violates points of the memorandum of understanding or develops an “excessive ambition”. Also, Canada thrashes Qatar 6-0 in a Group B match, and highlights for Mexico vs. South Korea.
Security is the responsibility of the host countries' police authorities and the event organisers. Additionally, European Union leaders unanimously approved conclusions regarding Ukraine.
The leaders of the 27 member states are gathered in Brussels to discuss support for Ukraine. Additionally, a crisis at the National Electoral Commission: the 2027 budget has been rejected.
The additional package of restrictive measures aims to further limit the Russian military and industrial complex, among others.
Despite 20 rounds of EU sanctions since 2022, trade between the bloc and Russia reached 57.2 billion euros last year. A study by the Kiel Institute for the World Economy suggests that imposing tariffs on these remaining trade flows could generate significant revenue to support Ukraine while exerting economic pressure on Moscow. Researchers propose a 'Ukraine Support Tariff' on both imports and exports, arguing that the asymmetric economic impact would hurt Russia far more than the EU, providing a flexible tool for policymakers to manage long-term economic leverage.
Brussels wants to increase pressure on Moscow with a 21st package of sanctions, targeting sectors such as energy, banking, and fisheries.
European Union restrictions will target the energy, cryptocurrency, trade, and fishing sectors.
The European Commission proposed today a new package of sanctions against Russia focused on “high-impact sectors” such as energy, financial services, and cryptocurrencies, while also seeking to ban Russian armed forces combatants from entering the European Union (EU).
The European Commission proposed today a new package of sanctions against Russia focused on “high-impact sectors” such as energy, financial services, and cryptocurrencies, while also seeking to ban Russian armed forces combatants from entering the European Union (EU).
The European Commission proposed a new package of sanctions against Russia this Tuesday, focusing on 'high-impact sectors' such as energy, financial services, and cryptocurrencies, while also seeking to ban Russian armed forces combatants from entering the European Union (EU). 'Our consistency in applying sanction packages is yielding results, and today we are presenting...'
The sanctions regime was approved by the 27 members, remaining in force until 28 May 2027. The Council of the EU stated that the EU remains “unwavering in its condemnation of human rights violations”.
Brussels is taking full advantage after the former prime minister's election loss in Hungary last month.
Twentieth round of sanctions finally enters force after Hungary and Slovakia drop their veto.
European Union ambassadors approved the 90 billion euro loan to Ukraine this Wednesday, as well as the twentieth package of sanctions against Russia. The approval of the loan comes after Hungary ceased its resistance to the decision, three EU diplomats told Reuters. (News in update)
The €90 billion loan to Ukraine can finally proceed. Hungary dropped its veto after resuming imports of Russian oil. The 20th package of sanctions against Russia has also been approved.
The EU High Representative for Foreign Affairs and Security Policy highlighted that the ministers also argued that it is necessary to “move quickly on the approval of the 20th package of sanctions against Russia.”
The United Kingdom chaired an international meeting with Portugal among those present. Traffic in the strait has fallen by 93% since March, affecting one-fifth of the world's oil.
The party wants the Portuguese Government to intervene with European institutions so that the removal of certain Russians from the European Union's list of sanctioned individuals is reviewed.
The European Union will transfer 1.4 billion euros in revenue generated by frozen Russian assets to support Ukraine. This is the fourth tranche of exceptional profits produced by interest from the frozen assets of the Central Bank of Russia (CBR), one of the sanctions imposed on Russia following the invasion of Ukraine. These 1.4 billion...
